NYSEAM:SVLC - Post by User
Comment by
KevinF2848on Sep 23, 2012 10:45pm
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Post# 20405413
RE: Silver is down 1.8% tonight
RE: Silver is down 1.8% tonight Stocktrader,
Yep, down a little tonight, but of course, Europe starts trading around 3am so things can change and do, a lot before tomorrow morning. We are due for some consolidation, heck silver is up 25% since August. I'm pretty sure that back in August, if someone said to you, we are going to see a 25% increase in silver in 6 weeks, you would take that, right? I would not be surprised if we see silver move down a little before it starts back up. I think we can see another 50% increase from here over the next 12 months and that is conservative. As far as the drill results, I was told that we would see the results "soon" and it has been 2 weeks. Keep us informed as to what IR tells you.